AGCO CORP /DE·4

Feb 2, 4:42 PM ET

Harris Ivory Marie 4

Research Summary

AI-generated summary

Updated

AGCO SVP Harris Ivory Withholds Shares for Taxes

What Happened
Harris Ivory, Senior Vice President and Chief HR Officer of AGCO (AGCO), had shares withheld to cover tax obligations on previously awarded restricted stock units (RSUs). Three withholding transactions occurred: 416 shares at $114.33 on 2026-01-29 ($47,561), 294 shares at $113.41 on 2026-01-30 ($33,343), and 268 shares at $113.41 on 2026-01-30 ($30,394). In total, 978 shares were withheld and disposed for approximately $111,298. This is a tax-withholding disposal (routine) rather than an open-market sale or purchase.

Key Details

  • Transaction dates and prices:
    • 2026-01-29 — 416 shares withheld @ $114.33 = $47,561 (code F)
    • 2026-01-30 — 294 shares withheld @ $113.41 = $33,343 (code F)
    • 2026-01-30 — 268 shares withheld @ $113.41 = $30,394 (code F)
  • Total shares withheld/disposed: 978; total value ≈ $111,298.
  • Transaction code: F — shares withheld to satisfy tax withholding on RSUs.
  • Footnotes:
    • F1: Withheld for taxes on RSUs awarded 2025-01-29.
    • F2: Withheld for taxes on RSUs awarded 2024-01-31.
    • F3: Withheld for taxes on RSUs awarded 2023-01-30.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Filing timeliness: Form filed 2026-02-02 for transactions on 2026-01-29 and 01-30 — filed within the SEC’s two-business-day window.

Context

  • These transactions are tax withholding events (company retains shares to cover tax liabilities on RSU vesting). They are routine administrative disposals and do not necessarily reflect the insider’s market view. For retail investors, purchases or open-market sales are typically more informative about insider sentiment than tax withholdings.